BBS Bioactive (Finland) Price on September 30, 2024
| BONEH Stock | EUR 0.07 0 1.47% |
If you're considering investing in BBS Stock, it is important to understand the factors that can impact its price. As of today, the current price of BBS Bioactive stands at 0.07, as last reported on the 14th of December 2024, with the highest price reaching 0.08 and the lowest price hitting 0.07 during the day. BBS Bioactive Bone secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. BBS Bioactive Bone Substitutes exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BBS Bioactive's Coefficient Of Variation of (502.98), variance of 80.78, and Mean Deviation of 4.79 to double-check the risk estimate we provide.
BBS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BBS |
Sharpe Ratio = -0.195
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| Negative Returns | BONEH |
Estimated Market Risk
| 9.06 actual daily | 80 80% of assets are less volatile |
Expected Return
| -1.77 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BBS Bioactive is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of BBS Bioactive by adding BBS Bioactive to a well-diversified portfolio.
BBS Bioactive Valuation on September 30, 2024
It is possible to determine the worth of BBS Bioactive on a given historical date. On September 30, 2024 BBS was worth 0.3 at the beginning of the trading date compared to the closed value of 0.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BBS Bioactive stock. Still, in general, we apply an absolute valuation method to find BBS Bioactive's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of BBS Bioactive where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BBS Bioactive's related companies.
| Open | High | Low | Close | Volume | |
| 0.30 | 0.30 | 0.29 | 0.29 | 29,666 | |
09/30/2024 | 0.30 | 0.32 | 0.29 | 0.32 | 61,015 |
| 0.32 | 0.32 | 0.29 | 0.30 | 150,632 |
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BBS Bioactive Trading Date Momentum on September 30, 2024
| On October 01 2024 BBS Bioactive Bone Substitutes was traded for 0.30 at the closing time. The highest price during the trading period was 0.32 and the lowest recorded bid was listed for 0.29 . The volume for the day was 150.6 K. This history from October 1, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 6.25% . The overall trading delta to the current price is 6.25% . |
BBS Bioactive Bone Fundamentals Correlations and Trends
By evaluating BBS Bioactive's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among BBS Bioactive's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BBS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BBS Bioactive Stock history
BBS Bioactive investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for BBS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BBS Bioactive Bone will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing BBS Bioactive stock prices may prove useful in developing a viable investing in BBS Bioactive
BBS-Bioactive Bone Substitutes Oyj, a biomedical technology company, develops, designs, manufactures, and sells bioactive medical devices and implants for orthopedic surgery in Finland. The company was founded in 2003 and is headquartered in Oulu, Finland. BBS Bioactive is traded on Helsinki Exchange in Finland.
BBS Bioactive Stock Technical Analysis
BBS Bioactive technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
BBS Bioactive Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
BBS Bioactive Bone Substitutes cannot be verified against its exchange. Please verify the symbol is currently traded on Helsinki Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
BBS Bioactive December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how BBS Bioactive stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BBS Bioactive shares will generate the highest return on investment. By undertsting and applying BBS Bioactive stock market strength indicators, traders can identify BBS Bioactive Bone Substitutes entry and exit signals to maximize returns
BBS Bioactive Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BBS Bioactive's price direction in advance. Along with the technical and fundamental analysis of BBS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BBS to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (1.49) | |||
| Total Risk Alpha | (2.91) | |||
| Treynor Ratio | 0.5229 |
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Complementary Tools for BBS Stock analysis
When running BBS Bioactive's price analysis, check to measure BBS Bioactive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BBS Bioactive is operating at the current time. Most of BBS Bioactive's value examination focuses on studying past and present price action to predict the probability of BBS Bioactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BBS Bioactive's price. Additionally, you may evaluate how the addition of BBS Bioactive to your portfolios can decrease your overall portfolio volatility.
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